The Night Profit Forex scalper robot for Metatrader 5 employs a sophisticated trading algorithm to identify trend trading opportunities on both the M1 and H1 charts.
The expert advisor executes automated buy & sell trades based on price action observed during the Asian trading session.
Each trade includes a stop loss and take profit target, effectively minimizing the risk per trade.
As can be seen from the performance chart below, the Night Profit EA made an impressive +214.03% gain on the account while maintaining an acceptable drawdown of 17.25%.
Consistency is key, and the EA continues to steadily grow the account balance, generating an average monthly profit of 9.63%.
As always, we highly recommend testing the expert advisor on a demo account for a minimum of one month.
This allows you to evaluate its performance and fine-tune its settings to suit your trading preferences and risk tolerance.
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Performance Record
The following chart provides some detailed insights into how the Night Profit Forex robot performed over an extended period of time.
Key Points:
Total account gain: +214.03%
Daily profit: 0.31%
Average monthly gain: +9.63%
Account drawdown: 17.2%
Trading Chart
The Night Profit Forex scalper EA applied to the EUR/USD M1 currency chart.
The presence of the blue colored symbol in the top right corner of the chart ensures that the robot is fully operational and working.
General Information & EA Inputs
- Trading Platform: Metatrader 5
- Optimized for the 1-minute and 1-hour trading charts
- Trading Instruments: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD and Gold (should work on any Forex pair)
- Adjustable EA Inputs: minimize risk, one trade at a time, take profit target, stop loss, lot size, magic number, etc.
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Frequently Asked Questions
How Do I Install And Run This Forex Robot In Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder >Experts
- Copy the NightProfit 2.ex5 experts file in the Experts folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Expert Advisors)
- Drag the EA to the chart to get started with it!
- Enable the Allow Algo Trading button
How Do I Edit This Expert Advisor?
- Click in the open chart with your right mouse button
- In the drop-down menu, click on Expert List
- Select the expert and click on properties
- Now you can edit the inputs and common preferences
- Finally click the OK button to save the new configuration